Insider Buying: Corebridge Financial (NYSE:CRBG) Major Shareholder Buys $6,389,768.70 in Stock

Posted by Kyle Jackson on Oct 31st, 2026

Corebridge Financial, Inc. (NYSE:CRBG – Get Free Report) major shareholder Life Insurance Co Nippon purchased 182,826 shares of the business’s stock in a transaction that occurred on Monday, October 26th. The stock was bought at an average cost of $34.95 per share, for a total transaction of $6,389,768.70. Following the completion of the acquisition, the insider directly owned 131,445,541 shares in the company, valued at $4,594,021,657.95. The trade was a 0.14% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Life Insurance Co Nippon also recently made the following trade(s):

On Wednesday, October 28th, Life Insurance Co Nippon acquired 245,898 shares of Corebridge Financial stock. The shares were bought at an average price of $35.26 per share, with a total value of $8,670,363.48.
On Tuesday, October 27th, Life Insurance Co Nippon purchased 178,129 shares of Corebridge Financial stock. The shares were bought at an average price of $35.14 per share, with a total value of $6,259,453.06.
On Friday, October 23rd, Life Insurance Co Nippon acquired 595,609 shares of Corebridge Financial stock. The shares were purchased at an average cost of $33.97 per share, with a total value of $20,232,837.73.
On Thursday, October 22nd, Life Insurance Co Nippon purchased 246,440 shares of Corebridge Financial stock. The shares were purchased at an average cost of $35.15 per share, for a total transaction of $8,662,366.00.
On Wednesday, October 21st, Life Insurance Co Nippon acquired 217,182 shares of Corebridge Financial stock. The stock was acquired at an average cost of $35.38 per share, with a total value of $7,683,899.16.
On Tuesday, October 20th, Life Insurance Co Nippon purchased 193,357 shares of Corebridge Financial stock. The stock was bought at an average price of $35.01 per share, for a total transaction of $6,769,428.57.
On Monday, October 19th, Life Insurance Co Nippon purchased 162,024 shares of Corebridge Financial stock. The stock was acquired at an average price of $34.51 per share, for a total transaction of $5,591,448.24.
On Friday, October 16th, Life Insurance Co Nippon acquired 347,195 shares of Corebridge Financial stock. The stock was bought at an average cost of $34.71 per share, with a total value of $12,051,138.45.
On Thursday, October 15th, Life Insurance Co Nippon acquired 510,873 shares of Corebridge Financial stock. The stock was purchased at an average cost of $33.43 per share, with a total value of $17,078,484.39.
On Wednesday, October 14th, Life Insurance Co Nippon bought 602,103 shares of Corebridge Financial stock. The shares were purchased at an average cost of $34.03 per share, with a total value of $20,489,565.09.

Corebridge Financial Stock Down 1.4%

Corebridge Financial stock opened at $34.79 on Friday. Corebridge Financial, Inc. has a twelve month low of $22.19 and a twelve month high of $36.00. The business has a fifty day moving average of $34.12 and a two-hundred day moving average of $29.84. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.14. The firm has a market cap of $15.51 billion, a P/E ratio of 20.35, a P/E/G ratio of 0.50 and a beta of 1.07.

Corebridge Financial (NYSE:CRBG – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.04. The company had revenue of $4.30 billion during the quarter, compared to analyst estimates of $4.66 billion. Corebridge Financial had a return on equity of 17.37% and a net margin of 4.37%. During the same quarter last year, the business posted $1.36 EPS. On average, analysts forecast that Corebridge Financial, Inc. will post 4.59 earnings per share for the current fiscal year.

Corebridge Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Wednesday, September 16th. Corebridge Financial’s dividend payout ratio is currently 58.48%.

Analysts Set New Price Targets

Several analysts recently issued reports on CRBG shares. Wells Fargo & Company boosted their price objective on shares of Corebridge Financial from $39.00 to $40.00 and gave the company an “overweight” rating in a report on Monday, October 12th. Mizuho increased their target price on Corebridge Financial from $38.00 to $40.00 and gave the company an “outperform” rating in a report on Wednesday, October 7th. Weiss Ratings raised Corebridge Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday. Keefe, Bruyette & Woods upped their price objective on Corebridge Financial from $40.00 to $43.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 11th. Finally, UBS Group increased their price objective on Corebridge Financial from $32.00 to $36.00 and gave the company a “neutral” rating in a report on Tuesday, October 6th. Ten equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $39.00.

Check Out Our Latest Stock Report on Corebridge Financial

Institutional Trading of Corebridge Financial

Several institutional investors and hedge funds have recently added to or reduced their stakes in CRBG. Pzena Investment Management LLC acquired a new stake in shares of Corebridge Financial in the 2nd quarter valued at $967,400,000. BlackRock Inc. bought a new position in shares of Corebridge Financial during the 2nd quarter valued at $726,494,000. Donald Smith & CO. Inc. bought a new position in shares of Corebridge Financial during the 2nd quarter valued at approximately $168,134,000. Davis Asset Management L.P. acquired a new position in shares of Corebridge Financial in the 2nd quarter valued at $166,054,000. Finally, Wellington Management Group LLP acquired a new position in shares of Corebridge Financial in the second quarter valued at about $99,469,000. 98.25% of the stock is owned by hedge funds and other institutional investors.

Corebridge Financial Company Profile

(Get Free Report)

Corebridge Financial, Inc (NYSE: CRBG) is a provider of retirement solutions and insurance products in the United States. The company serves individuals, employers and institutions through offerings designed to support retirement savings, income planning and financial protection.

Its products and services include individual and group retirement plans, annuities, life insurance and institutional retirement solutions. Corebridge also provides investment and administrative services associated with retirement plans, helping employers and employees manage long-term savings and retirement income needs.

Corebridge was established through the separation of American International Group’s (AIG) Life and Retirement business and began operating as an independent publicly traded company in 2022.